Shapley’s impossibility result indicates that the two-person bargaining problem has no non-trivial ordinal solution with the traditional game-theoretic bargaining model. Although the result is no longer true for bargaining problems with more than two agents, none of the well known bargaining solutions are ordinal. Searching for meaningful ordinal solutions, especially for the bilateral bargaini...

One of the most remarkable economic consequences of German unification was a rise by more than 100% in DM wages paid to Eastern German workers over the period 1990-1995, despite sharply rising unemployment and persistently low labor productivity. While wage convergence is consistent with economic integration, the evidence suggests that it was substantially accelerated by the West German collect...

We construct a political equilibrium in which employers and labour unions bargain over labour contracts, wage-earners and profit-earners lobby the government for taxation and labour market regulation, and labour market legislation must be accepted by the majority of voters. We show that the voters rule out profit sharing, because otherwise the government would capture all the gain. Furthermore,...

For most of the twentieth century, collective bargaining provided the terms on which labour was commonly employed in Britain. However, the quarter century since 1980 has seen the collapse of collectivism as the main way of regulating employment. Our argument is that the tacit settlement between organized labour and employers was undermined by increasing product market competition. The paper fir...

The use of games and simulations as means of instruction is particularly appropriate to a behavioral process such as collective bargaining. The author describes, analyses and évaluâtes one which is used at the University of Washington.

This paper takes up the foundational issue of existence of stationary subgame perfect equilibria in a general class of coalitional bargaining games that includes many known bargaining models and models of coalition formation. General sufficient conditions for existence of equilibria are currently lacking in many interesting environments: bargaining models with non-concave stage utility function...

Online group purchasing or collective purchasing is the activity in which people who desire to buy the same merchandises join together so that they can negotiate with sellers for a better price through Internet. This paper utilizes fuzzy logic to develop a bargaining model for such activities. The model supports buyers to make group decision to set up their bargaining strategy; instead of using...

game theoretic models in political science frequently suggest that the outcomes of bargaining processes in democratic systems should be significantly influenced by the precise character of proposal and veto opportunities, on the one hand, and by informational asymmetries that exist among participants, on the other. In parliamentary systems, although the cabinet is widely recognized as the centr...